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Plavix, which has brought Bristol-Myers Squibb (BMY) $42.8B over 15 years, loses its patent...

Plavix, which has brought Bristol-Myers Squibb (BMY) $42.8B over 15 years, loses its patent protection today. In total, 19 drugs are set to relinquish such protection in 2012 - dubbed the year of "pharmageddon" - costing the industry $38.5B. BMY is now pinning its hopes on the yet-to-be-approved blood thinner Eliquis to make up for Plavix.
Comments (1)
  • QC
    , contributor
    Comments (28) | Send Message
     
    I own BMY. I also take Plavix. Although a wonderful medicine- it is very expensive, I am glad it will become generic. Bristol-Myers Squibb has made fortune on Plavix.
    17 May 2012, 12:07 PM Reply Like
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